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heard the many reasons why obesity is bad for your help but it turns out it could also be bad for the economy american obesity rates are at unprecedented levels and getting worse experts estimate that forty two percent of americans will be considered obese by twenty thirty and the long term costs of this issue could affect the financial future of the u.s. our to correspondent megan lopez takes a look at the weights of the nation. obesity is one of the most prevalent and important health problems in america if you are what you eat there are far more people now who are classified in the obesity range than there are who are classified in the normal weight range than the average american is a greasy two pound cheeseburger topped with bacon insert with the side of french fries obesity is associated with more than sixty different diseases including diabetes and heart disease and numerous others however this phenomenon is bloating more than our waistlines it's also weighing down our economy so let's take a look at the numbers according to the center for disease control the u.s. spend some one hundre
heard the many reasons why obesity is bad for your help but it turns out it could also be bad for the economy american obesity rates are at unprecedented levels and getting worse experts estimate that forty two percent of americans will be considered obese by twenty thirty and the long term costs of this issue could affect the financial future of the u.s. our to correspondent megan lopez takes a look at the weights of the nation. obesity is one of the most prevalent and important health...
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Feb 23, 2013
02/13
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CSPAN
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we need a stronger economy and a broader tax base. the chamber has been advocating for immigration reform for years. this year might be the best chance to make it work. we believe immigration reform must have at least four opponent. it must secure the borders. we have made progress, but we have more to do. we must have employment-based visa row grounds that would allow businesses to use and great labor -- immigrant labor. 10,000 people in america retire everyday, seven days a week. we have got to be able to attract people at both ends of the scale. immigration reform must have a reliable, national employee verification system and not a system that is out to punish people. finally, it must provide a path out of the shadows. for the 11 million undocumented workers who are living in the united states. to succeed in a competitive and global economy, we have to remain an open and welcoming society. we have all kinds of committees at the commerce that decide on policies. my mother-in-law came to the united states at 11 years of age to join
we need a stronger economy and a broader tax base. the chamber has been advocating for immigration reform for years. this year might be the best chance to make it work. we believe immigration reform must have at least four opponent. it must secure the borders. we have made progress, but we have more to do. we must have employment-based visa row grounds that would allow businesses to use and great labor -- immigrant labor. 10,000 people in america retire everyday, seven days a week. we have got...
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Feb 23, 2013
02/13
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MSNBC
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economy, big part of the michigan economy, the ohio economy, midwest economy, and they learned to diversify during the crisis. so they are just getting back started. they're just getting back to health. what are we going to do now? we'll yank the carpet out from under them. >> fema, too. if we're looking at these cuts on the state level and we have sandy and we have all of these things happening when a state gets hit, then what? >> it's interesting, this language of the economy just starting to heal, just coming back together, just coming -- just recovering after a disaster. it does feel like here we have a patient who we've nurtured back to sort of minimal health but instead of kind of continuing to nurture that, providing more medication, we're like well, good luck with that, i'm taking your walker and meds. >> before they got cancer, they had a weight problem. now we have taken care of the tumor and now we will staple their stomach, threaten to chop their tongue off if they don't agree to go on some crazy fad diet. this is insane. we don't have a fiscal crisis. we have a political crisis
economy, big part of the michigan economy, the ohio economy, midwest economy, and they learned to diversify during the crisis. so they are just getting back started. they're just getting back to health. what are we going to do now? we'll yank the carpet out from under them. >> fema, too. if we're looking at these cuts on the state level and we have sandy and we have all of these things happening when a state gets hit, then what? >> it's interesting, this language of the economy just...
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Feb 24, 2013
02/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. when some people struggle with their mortgage payments, they become frozen, but the people who take action, are far more likely to get the most positive outcome. call this free government program for the option that's right for you. ♪ john: welcome back to the students for liberty conference. now, mos of you students consider yourselves libertarians why not republican? is it because the republicans want to go to work? they want to police what you can put in your body or ban gay marriage? of right. and coulter says we're out to lunch. >> award. to explain that in a way that i think libertarians should appreciate. there is one thing the federal government should be doing or maybe two, regulate interstate commerce and protec
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. when some people struggle with their mortgage payments, they become frozen, but the people who take action, are far more likely to get the most positive outcome....
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Feb 17, 2013
02/13
by
CNN
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eye 75
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economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of electricity and bringing manufacturing back to america. a housing boom fueled by the lowest interest rates in history. and 35 months of private sector job creation. america's future could be great. >> i'd like to focus on what lies beyond the fiscal debate. >> i'd like to, too. but that's not possible the with a sequester deadline about to descend on the american economy. when will washington's small thinking about big problems end? if this week is any indication, the dysfunction won't end any time soon. earlier this week we learned the euro area experienced its third straight quarter
economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of...
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Feb 22, 2013
02/13
by
CNBC
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eye 116
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our economy is too small or government is too big. if we have some cuts or something that even looks like cuts it will add certainty to the business climate. it will make a meaningful difference. in a few months obama will take credit for what will come after the sequester. >> we'll leave it on that pearl of wisdom. folks if you insist on panicking about something consider the huge cost of all those federal government government workers. you won't believe how much their unfunded pension obligations are. they are going broke and there may be another taxpayer bailout in the cards. and once again don't forget free market capitalism is the best bath to prosperity. "the kudlow report" is coming back with more capitalism. don't worry, folks, help is on the way. >> remain calm. all is well. all is well! i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random
our economy is too small or government is too big. if we have some cuts or something that even looks like cuts it will add certainty to the business climate. it will make a meaningful difference. in a few months obama will take credit for what will come after the sequester. >> we'll leave it on that pearl of wisdom. folks if you insist on panicking about something consider the huge cost of all those federal government government workers. you won't believe how much their unfunded pension...
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Feb 23, 2013
02/13
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CSPAN2
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eye 85
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he believes in community and patrol of schools so yes he believed in the economy. he is not an integration assess that and he said it's up to us, it's our struggle.
he believes in community and patrol of schools so yes he believed in the economy. he is not an integration assess that and he said it's up to us, it's our struggle.
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see the greek economy hit new record lows. police in pakistan say at least sixty five people have been killed and up to two hundred injured in a bombing in the south west of the country the remote control device went off in a shia area of the city of quetta many women and children were among the victims a rash of similar assaults against shia communities have been carried out by hardline sunni groups in recent months earlier we talked to robert naiman policy director at just foreign policy who does not see an end to such sectarian attacks and we think we know is that this is result of. turning by a particular group of militant sunni extremists. who. attacked before as recently as january their ideology. curtis for in. this particular group. takes this ideology t.v. extreme violence against civilians are simply a turning point no political where the drones are program is coming under scrutiny in united states i'm lisa leaves of the u.s. government i won't complain about that won't publish information. now street cameras and oth
see the greek economy hit new record lows. police in pakistan say at least sixty five people have been killed and up to two hundred injured in a bombing in the south west of the country the remote control device went off in a shia area of the city of quetta many women and children were among the victims a rash of similar assaults against shia communities have been carried out by hardline sunni groups in recent months earlier we talked to robert naiman policy director at just foreign policy who...
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Feb 16, 2013
02/13
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CNNW
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eye 83
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economy? find out right now on "your money." >>> despite a recession in europe, major mergers in the united states show evidence that business is picking up. america could be on the road to prosperity if not for our politicians standing on the way. i'm ali velshi. this is "your money." there's ap economic storm hovering just off our shores. the headwinds are gathering strength as our elected official once again seem prepared to take the american economy to the brink of destruction. this time over a march 1st deadline for the across-the-board government cuts known as the sequester. >> this is not a game. this is reality. >> i don't like the sequester. it's taking a meat axe to our government. >> these steps would seriously damage the fragile american economy. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware t
economy? find out right now on "your money." >>> despite a recession in europe, major mergers in the united states show evidence that business is picking up. america could be on the road to prosperity if not for our politicians standing on the way. i'm ali velshi. this is "your money." there's ap economic storm hovering just off our shores. the headwinds are gathering strength as our elected official once again seem prepared to take the american economy to the brink...
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Feb 23, 2013
02/13
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FOXNEWSW
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analyzes what happens in the economy. now, we have this conversation each year for the last four years at this time. >> kelly: that's right. >> gas prices spiked seasonally and as we get into memorial day, they'll go back down again and encourage people to budget about $4 a gallon for gasoline this year, and by the end of the year, when christmas rolls around, you'll have some extra money for christmas because the average price will be lower than $4. >> that's very encouraging, but give me your best forecast on our overall economy because it's still rather anemic. >> well, we're stuck in this low growth economy and there's just no way out of it. as long as the government continues to artificially hold down the interest rates and try to provide a stimulus for borrowing, that's just not going to work. as we look at a 2% growth economy, that's going to go up and down on the flat line quite a bit and don't expect for wages to increase for this period. there's just no way you can increase wages with a 7% unemployment. however,
analyzes what happens in the economy. now, we have this conversation each year for the last four years at this time. >> kelly: that's right. >> gas prices spiked seasonally and as we get into memorial day, they'll go back down again and encourage people to budget about $4 a gallon for gasoline this year, and by the end of the year, when christmas rolls around, you'll have some extra money for christmas because the average price will be lower than $4. >> that's very...
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the finance chief of the world's biggest economies of united in chorus against looming currency wars falling high level talks in moscow for russia the gathering is seen as a launch pad for its hosting of the g. twenty summit later this year coming off takes a look at what sparked the currency battle talks in the first place and what is behind the apparent unity. japan is actually at the center of this crisis because of its aggressive monetary and fiscal policies that have led to a weakening of the yen and basically in tough economic times one option that a country house is to artificially make the value of its currency worth a little bit less so for example making something like this twenty dollar bill worth less you can do that by a variety of means like printing money why would you want to do that because when you do you value your currency your manufactured goods your goods your exports become cheaper and that gives you a short term economic boost which is something that a lot of these countries europe the united states japan certainly desperately need in these tough economic time
the finance chief of the world's biggest economies of united in chorus against looming currency wars falling high level talks in moscow for russia the gathering is seen as a launch pad for its hosting of the g. twenty summit later this year coming off takes a look at what sparked the currency battle talks in the first place and what is behind the apparent unity. japan is actually at the center of this crisis because of its aggressive monetary and fiscal policies that have led to a weakening of...
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see the greek economy hit new record lows. police in pakistan say at least sixty five people have been killed and up to two hundred injured in a bombing in the south west of the country the remote control device went off in a shia area of the city of quetta many women and children were among the victims a rash of similar assaults against shia communities have been carried out by hardline sunni groups in recent months earlier we talked to robert naiman policy director at just foreign policy who does not see an end to such sectarian attacks but we think we know is that this is result of. turning by a particular group of militants sunni extremists. who. attacked before as recently as january and their ideology is the. urtext from. this particular group. takes this ideology t.v. extreme violence against civilians are simply a turning point now politically where the drones are program is coming under scrutiny in the united states i'm lisa lives of the u.s. government i won't complain about that won't publish information. now street
see the greek economy hit new record lows. police in pakistan say at least sixty five people have been killed and up to two hundred injured in a bombing in the south west of the country the remote control device went off in a shia area of the city of quetta many women and children were among the victims a rash of similar assaults against shia communities have been carried out by hardline sunni groups in recent months earlier we talked to robert naiman policy director at just foreign policy who...
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Feb 20, 2013
02/13
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FOXNEWS
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there is a smarter way to do this to reduce our deficit without harming our economy, but congress has to act. >> reporter: he is talking about the so-called balanced approach he wants to get some other spending cuts but also some tax increases. john boehner filing a statement, no more tax increases, he said, quote, just last month the president got his higher taxes on the wealthy and he is back for more. the american people that the revenue debate is closed. we should close loopholes in the tax code but that revenue should lower rates across the board. white house wants to reduce loopholes but to use that money to lower the deficit. bottom line, they are still at loggerheads and senior official said that it's likely these cuts will be kicking in on march 1st. >> shep: a massive fire burns a church to the ground but the pastor calls it divine intervention. top story on fox trip across america. >> shep: oklahoma, the church 90 minutes south of oklahoma city, pastor and flock moved to a similar building and put this one up for sale. since the wind was blowing to the south, pastor's house
there is a smarter way to do this to reduce our deficit without harming our economy, but congress has to act. >> reporter: he is talking about the so-called balanced approach he wants to get some other spending cuts but also some tax increases. john boehner filing a statement, no more tax increases, he said, quote, just last month the president got his higher taxes on the wealthy and he is back for more. the american people that the revenue debate is closed. we should close loopholes in...
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Feb 16, 2013
02/13
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FOXNEWSW
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>> are we really building our economy on sensitivity counseling? we wonder why we hav>>e a broke government. i'm surprised theyno didn't hire bob to do the training. just kidding. >> great. >> am i missing something? it sounded like totalitarian brainwashing. it was very, very creepy and i think it probably scared the people. you walk around thehi office, you're scared to say something. it was very cultish. but also, am i missing something here? why are they talking about immigration at the usda? u weren't there like corn prices they need to talk about, maybe something like that? >> that's right. this is way out of their area of expertise. but i will say this again, that the english, europeans came over and threw the indians off their land, threw them on reservations. exterminated them.ns >> ex termed? >> -- exterminated? >> farm and migrant labor is something they deal with. >> let me get this straight, bob,hi america's founding fathe, they came over here, coolonnized america, made it thee, great lad that we are told. you're saying they exterminat
>> are we really building our economy on sensitivity counseling? we wonder why we hav>>e a broke government. i'm surprised theyno didn't hire bob to do the training. just kidding. >> great. >> am i missing something? it sounded like totalitarian brainwashing. it was very, very creepy and i think it probably scared the people. you walk around thehi office, you're scared to say something. it was very cultish. but also, am i missing something here? why are they talking...
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Feb 16, 2013
02/13
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FOXNEWSW
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>> andrea: are we building our economy sensitivity? i'm surprised they didn't hire bob to do the training. just kidding. am i missing something? it sounded like toe tailtarian brainwashing. creepy. it probably scared people. walk around the office and scared to say something. am i missing something here? why are they talking abimmigration at the u sda? aren't there corn prices they need to talk about? maybe something like that? >> bob: right. this is out of their area of expertise. >> but they came in and threw the indians off their land, exterminateed them. >> exterminateed them? >> dana: farm and migrant lentor something they deal with. >> so america's founding fathers that came over here, colonized america, made it the great land it is our today, you say they exterminateed -- >> bob: jesse, you must have been educated -- >> you don't believe that. >> bob: the founding fathers came here 100 years after the approximately grimpilgrims came. >> the colonist, bob. >> bob: what do you think they did with the indians that occupied the land
>> andrea: are we building our economy sensitivity? i'm surprised they didn't hire bob to do the training. just kidding. am i missing something? it sounded like toe tailtarian brainwashing. creepy. it probably scared people. walk around the office and scared to say something. am i missing something here? why are they talking abimmigration at the u sda? aren't there corn prices they need to talk about? maybe something like that? >> bob: right. this is out of their area of expertise....
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Feb 16, 2013
02/13
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CSPAN2
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our economy is actually run on gps now. we're aware of this. we're, certainly, in our work, working to make sure there's adequate redundancies in any systems that we would test so that its positions not only relies on the gps signal, and in other situation awareness issues associated with that as well. our focus is on security of the command and control signal of the vehicle making sure within the frequencies we operate in that those are secure and the data that we're transmitting is reliable and is valid data. we have a robust research effort as far as that. spoofing the signal, we're aware of it. we're cognizant of what they did, and it's part of the knowledge base in the constraints we operate under, but we don't have any particular research efforts going towards spoofing of the gps signal. >> certainly, this is of great concern to americans, not only because of the safety, just generally, but also because of if the professor and students can spoof the gps system, what could other nation states or terrorist groups do also? with federal and c
our economy is actually run on gps now. we're aware of this. we're, certainly, in our work, working to make sure there's adequate redundancies in any systems that we would test so that its positions not only relies on the gps signal, and in other situation awareness issues associated with that as well. our focus is on security of the command and control signal of the vehicle making sure within the frequencies we operate in that those are secure and the data that we're transmitting is reliable...
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Feb 18, 2013
02/13
by
FOXNEWSW
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-style kung fu? no. priceline is different now. you don't even have to bid. master hahn taught you all that? oh, and he says to say (translated from cantonese) "you still owe him five bucks." your accent needs a little work. legs up, legs up, legs up ! red hot deal days are back. let nothing stop you. good job ! it's red hot deal days. get the nokia lumia 822 in red for free and discover all the things to do on the go with city lens. or the droid razr m by motorola in pink for $49.99. everything droid does in an edge-to-edge display. hurry in, because the s
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered...
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107
Feb 18, 2013
02/13
by
FOXNEWSW
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eye 107
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>> andrea: are we building our economy sensitivity? i'm surprised they didn't hire bob to do the training. just kidding. am i missing something? it sounded like toe tailtarian brainwashing. creepy. it probably scared people. walk around the office and scared to say something. am i missing something here? why are they talking abimmigration at the u sda? aren't there corn prices they need to talk about? maybe something like that? >> bob: right. this is out of their area of expertise. >> but they came in and threw the indians off their land, exterminateed them. >> exterminateed them? >> dana: farm and migrant lentor something they deal with. >> so america's founding fathers that came over here, colonized america, made it the great land it is our today, you say they exterminateed -- >> bob: jesse, you must have been educated -- >> you don't believe that. >> bob: the founding fathers came here 100 years after the approximately grimpilgrims came. >> the colonist, bob. >> bob: what do you think they did with the indians that occupied the land
>> andrea: are we building our economy sensitivity? i'm surprised they didn't hire bob to do the training. just kidding. am i missing something? it sounded like toe tailtarian brainwashing. creepy. it probably scared people. walk around the office and scared to say something. am i missing something here? why are they talking abimmigration at the u sda? aren't there corn prices they need to talk about? maybe something like that? >> bob: right. this is out of their area of expertise....
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Feb 19, 2013
02/13
by
MSNBCW
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economists say the rapid increase poses a threat to our fragile economy. joining me now oil industry analyst cnbc contributor john killbuck, thanks for joining me. >> good to be here. >> i heard it's be the blend. we're getting ready to switch to the summer blend and this is why. is that a legitimate reason here? >> you know, normally in past years it would. there's a certain time of year where that's happening. but what's really happening here, the refining industry is doing what the airline industry is doing and that's reducing capacity really massively. we lost over a million barrels of refining capacity just to shutdowns over the last year now. >> why would they voluntarily do these shutdowns? >> believe it or not, they weren't making enough money for themselves and they decided to get out of the business. i'm fearful normally i can tell you why, it has to deal with cutbacks by opec. war issues. this time, it may be different. this time we may not see the price break in coming months that i'd expect to happen because of demand at the pump. with the ref
economists say the rapid increase poses a threat to our fragile economy. joining me now oil industry analyst cnbc contributor john killbuck, thanks for joining me. >> good to be here. >> i heard it's be the blend. we're getting ready to switch to the summer blend and this is why. is that a legitimate reason here? >> you know, normally in past years it would. there's a certain time of year where that's happening. but what's really happening here, the refining industry is doing...
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104
Feb 22, 2013
02/13
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CSPAN
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eye 104
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that is why i am turning around the japanese economy. i said a moment ago that the agents are making great progress with the exceptions of a single country. i should have added the exception, of course. north korea. the nuclear test, inducing an added distinction. the nuclear ambitions should not be tolerated unless they give up on developing a nuclear arsenal. they objected. my government will give them no reward. this is no regional matter. we should work with the u.s., south korea, and others to stop them from seeking those ambitions. if you look at the lapel of my jacket, u.s., south i put on a blue ribbon to remind myself each and every day that i must bring back the japanese people that north korea has objected. among banharn was a girl -- among them was a girl who was only 13. that is the reason why behind human rights, japan must stay strong. for the economy and also for national defense. i put onlet me tell you that jt be here as well. to increase for the first time in many years, the budget for homeland defense. today, here, wi
that is why i am turning around the japanese economy. i said a moment ago that the agents are making great progress with the exceptions of a single country. i should have added the exception, of course. north korea. the nuclear test, inducing an added distinction. the nuclear ambitions should not be tolerated unless they give up on developing a nuclear arsenal. they objected. my government will give them no reward. this is no regional matter. we should work with the u.s., south korea, and...
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103
Feb 22, 2013
02/13
by
KQED
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eye 103
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japan used to be the most powerful economy in the region but china has grown, a lot of it is due to the help that japan has given it. but now china feels that its day has returned. >> and in fact it surpassed japan just in economic test. >> that's right. and it is now building up a military capable which is still interior to that of japan. and definitely inper-- inferior to that of the united states but they feel now that china can't be pushed aroundment and they want to assert themselves. and so when their territorial interests are being challenged, then they push very hard. the other reason is-- . >> warner: were you talking about japan or china. >> china. >> warner: and what about japan? >> then japan feels that it is on the defensive. that if it does not show kind of firmness and resolve, then it invites further intimidation and bullying on the part of china. so even though the intrendic interests of these islands may be marchial by giving in to chinese intimidation, they feel then that that is kind of rewards that bullying on the part of china. >> warner: there s of course, these u
japan used to be the most powerful economy in the region but china has grown, a lot of it is due to the help that japan has given it. but now china feels that its day has returned. >> and in fact it surpassed japan just in economic test. >> that's right. and it is now building up a military capable which is still interior to that of japan. and definitely inper-- inferior to that of the united states but they feel now that china can't be pushed aroundment and they want to assert...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser reports. i am max kaiser.
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser reports. i am max kaiser.
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95
Feb 24, 2013
02/13
by
WBAL
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an exaggeration. they will lose jobs. >> the sequester blame game has started. live with us secretary of transportation ray lahood who sound add pretty loud alarm bell on friday. mr. secretary, good morning. good to have you here. >> good morning. >> you talked friday about a calamity in our air service system in america, a billion dollars in cuts that have to be made at the department of transportation, $600 million from the faa, 47,000 faa employees will need to be furloughed at least one day per pay period. is it still going to be safe for the american public to fly if this sequester goes forward. >> one thing we never compromise on is safety. we will never take a back seat to safety. safety will not be compromised. but we will have twork with the airlines in slowing planes down. but there will be enough controllers to make sure planes are guided in and out of airports safely. >> this is about a
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an exaggeration. they will lose jobs. >> the sequester blame game has started. live with us secretary of transportation ray lahood who sound add pretty loud alarm bell on friday. mr. secretary, good morning. good to have you here. >> good morning. >> you talked friday about a calamity in our air service system in america, a billion dollars in cuts that have to be...
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less your manufactured goods are cheaper on the market and that gives you a temporary boost in the economy which could be pretty critical in tough times like this now what we've actually seen the fear here is that when a country does that your trading partner strike back they say hey we're going to lower the value of our currency and that sets off a currency war such as the one that we saw in the one nine hundred thirty s. which has led to the great depression now japan insists that it is simply trying to stimulate as kwame it's not doing anything to prompt a full scale currency war of course no country here wants to see that but the reason that we're seeing so much disagreement and so little consensus among the countries is that you know what for example the united states its policy isn't all different that. the fed in the u.s. has been printing money like crazy so these developed countries don't really see any incentive in isolating japan in trying to really squeeze down of this currency manipulation issue because they don't want to mess around with their economies essentially so that is
less your manufactured goods are cheaper on the market and that gives you a temporary boost in the economy which could be pretty critical in tough times like this now what we've actually seen the fear here is that when a country does that your trading partner strike back they say hey we're going to lower the value of our currency and that sets off a currency war such as the one that we saw in the one nine hundred thirty s. which has led to the great depression now japan insists that it is...
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Feb 23, 2013
02/13
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does the economy have enough kick in it to withstand the sequester? and a big win for activist investor david einhorn in his fight to get apple to share the wealth, with its shareholders. that and more tonight on "n.b.r."! if you get a paycheck, no doubt you have seen it shrink this year. higher payroll taxes have taken 2% out of working americans take home pay. at the same time, gasoline prices have been rising and fast. together, this cuts into the spending power of consumers, and that's bad news for a host of companies, from restaurants to retailers. erika miller reports on how some of these firms are trying to fight back against the pay pinch. >> reporter: virtually every worker in america is taking home 2% less in pay this year because of higher payroll taxes. that's not just bad for consumers, it's also bad for businesses. three out of four households are cutting spending to cope with lower pay. for one out of three households, it means eating out less. consumers are also changing where they dine. >> we are moving from casual dining, down to fas
does the economy have enough kick in it to withstand the sequester? and a big win for activist investor david einhorn in his fight to get apple to share the wealth, with its shareholders. that and more tonight on "n.b.r."! if you get a paycheck, no doubt you have seen it shrink this year. higher payroll taxes have taken 2% out of working americans take home pay. at the same time, gasoline prices have been rising and fast. together, this cuts into the spending power of consumers, and...
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Feb 20, 2013
02/13
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. >> there's a smarter way to do this, to reduce our deficits without harming our economy. but congress has to act. >> reporter: the white house wants a plan with smaller spending cuts and more tax revg news. republicans say the government is already too bloated and higher taxes should not be part of this equation. budget expert isabelle says the automatic cuts will hurt the economy,'ve though most government agencies should be able to weather them. >> most organizations can manage a cut of 5%, 7% in their budget without long-term harm. i don't mean it won't be painful. it will be. >> reporter: allen simpson and erskine bowles says people will start feeling the effects like locker lines at the airports. >> when this happens they're going come back and say we're sick of this intransjens, let's do something smart. >> reporter: they'll only have a few days when they return next week. >>> on the "cbs moneywatch" now, going on the offensive against cyber attacks, and apple gets bitten by a bug. erica ferrari is here with that and more in new york. good morning, erica? >> good mo
. >> there's a smarter way to do this, to reduce our deficits without harming our economy. but congress has to act. >> reporter: the white house wants a plan with smaller spending cuts and more tax revg news. republicans say the government is already too bloated and higher taxes should not be part of this equation. budget expert isabelle says the automatic cuts will hurt the economy,'ve though most government agencies should be able to weather them. >> most organizations can...
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Feb 23, 2013
02/13
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when demand goes up in the economy, when the economy begins to strengthen, we oftentimes will see gas and oil prices move up as well. so although the economic numbers are still extraordinarily weak, they are up from those rock bottom levels and a lot of analysts saying that's helping put a little bit of a bid in oil prices as well. but you're right, we're not used to seeing oil prices spike this high, this fast. rick what, could be an even more worrisome sign is that although these prices seem so high to us, they've just kept pace with inflation over time. these price now, 3, $4, we consider to be high, this might be the new norm when it comes to gasoline in america. >> rick: that's crazy. the average person can't go and spend 60, 70 bucks to fill up their gas tank once a week or whenever they have to. something's got to give. >> well, we just might see the usage give. oftentimes when we see gas prices go up, consumers respond in not only in buying more fuel efficient cars, but also in driving less. that could be one of the net effects you could see of higher gas prices. it wasn't too
when demand goes up in the economy, when the economy begins to strengthen, we oftentimes will see gas and oil prices move up as well. so although the economic numbers are still extraordinarily weak, they are up from those rock bottom levels and a lot of analysts saying that's helping put a little bit of a bid in oil prices as well. but you're right, we're not used to seeing oil prices spike this high, this fast. rick what, could be an even more worrisome sign is that although these prices seem...
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Feb 20, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> people standing with the president today are among those who will directly impacted by congress if they refuse to act. >> emergency responders, like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cutbacks, which means more delays at airports across the country. >> and it doesn't stop there. we're talking thousands of teachers who are going to be laid off across america. there will be cuts to primary health care for hundreds of thousands of americans. preventative care, like cancer screenings are also going to be hit and taken off the list. i mean cuts to the military are also going
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> people standing with the president today are among those who will directly impacted by congress if they refuse to act. >> emergency responders, like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi...
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Feb 19, 2013
02/13
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to reduce the deficits without harming our economy. but congress has to act. >> republican leaders say they haven't been contacted by the president since the inaugural. >> the republicans had plans to avoid sequester and at the time the president responded threatening a veto. >> some in congress trying to undo the automatic spending cuts. my message is simple. no. i will veto any effort to get rid of the automatic spending cuts, domestic spending. >> spokesman jay carney said the problem is the republicans wanted a plan that would not balance with spending cut an tax increases. >> we do not support undoing the sequester in a way that says you know what? we will throw double the number of kids out of head start and make tunnel the cuts to education. >> speaspeaker john boehner fird back saying last month the president got the higher taxes on the wealthy and is back for more. the american people understand revenue debate is closed. close the loophole and carve out attack code but it should be used to lower rate across the board. enter th
to reduce the deficits without harming our economy. but congress has to act. >> republican leaders say they haven't been contacted by the president since the inaugural. >> the republicans had plans to avoid sequester and at the time the president responded threatening a veto. >> some in congress trying to undo the automatic spending cuts. my message is simple. no. i will veto any effort to get rid of the automatic spending cuts, domestic spending. >> spokesman jay carney...
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less your manufactured goods are cheaper on the market and that gives you a temporary boost in the economy which could be pretty critical in tough times like this now what we've actually seen the fear here is that when a country does that your trading partner strike back they say ok we're going to lower the value of our currency and that sets off a currency war such as the one that we saw in the one nine hundred thirty s. which has led to the great depression now japan insists that it is simply trying to stimulate its quantum e. it's not doing anything to prompt a full scale war of course no country here wants to see that but the reason that we're seeing so much disagreement and so little consensus among the countries is that you know what for example the united states its policy isn't all that different the fed in the u.s. has been printing money like crazy so these developed countries don't really see any incentive in isolating japan in trying to really squeeze down of this currency manipulation issue because they don't want to mess around with their economies essentially so that is real
less your manufactured goods are cheaper on the market and that gives you a temporary boost in the economy which could be pretty critical in tough times like this now what we've actually seen the fear here is that when a country does that your trading partner strike back they say ok we're going to lower the value of our currency and that sets off a currency war such as the one that we saw in the one nine hundred thirty s. which has led to the great depression now japan insists that it is simply...
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Feb 20, 2013
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the app economy. everyone seems to be carrying around a smart phone, and i bet on there.several app as there are people who write those. and that will continue. host: the christian science monitor also has a list of the most inventive and innovative cities. where are the boom areas that you're watching? guest: you cannot go anywhere and think about technology without thinking about silicon valley. that will be a place to see more growth. if you look at the places that generate the most patents, they are the places that are already very innovative. we took a look at cities where there are more patents per thousand residents. and then you get a few more interesting places. san jose is still no. 1. but then you get smaller cities like burlington, vt., rochester, minn., corvallis, ore., etc. i should point out that the list is a little bit misleading because some of these places have large facilities. poughkeepsie, new york, for example, which is no. 6, it has an ibm facility there. that has a boost in th
the app economy. everyone seems to be carrying around a smart phone, and i bet on there.several app as there are people who write those. and that will continue. host: the christian science monitor also has a list of the most inventive and innovative cities. where are the boom areas that you're watching? guest: you cannot go anywhere and think about technology without thinking about silicon valley. that will be a place to see more growth. if you look at the places that generate the most patents,...
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Feb 22, 2013
02/13
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this is biggest economy in world. we can handle a deficit like this. we'll be fine. g with that logic if the deficit doesn't matter why raise taxes? we don't need revenue, as they call it re-knew, our money, is deaf if its don't matter. we could keep spending. have it both ways. >> bob: it matters at $20 trillion. that's when state-of-the-arts tit starts tomatter. >> andrea: we are at 17. >> bob: it will come back down. this is as low as it was in theizeen hour years. >> dana: that is not the problem. republicans take unpopular position to say they would do something on entitlement reform. it's not a popular thing to say we are going to do means testing, wealthier seep yours pay more for social security or medicaid. it's not a popular position. right thing to do. putting things off for another four years to me is irresponsibly. >> bob: do you think he will allow four years to go by and allow the legacy to be total polarization? >> kimberly: he is not worried that is the case. you will get form of gun control. >> kimberly: different perspective. american crossroads ha
this is biggest economy in world. we can handle a deficit like this. we'll be fine. g with that logic if the deficit doesn't matter why raise taxes? we don't need revenue, as they call it re-knew, our money, is deaf if its don't matter. we could keep spending. have it both ways. >> bob: it matters at $20 trillion. that's when state-of-the-arts tit starts tomatter. >> andrea: we are at 17. >> bob: it will come back down. this is as low as it was in theizeen hour years. >>...
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five billion dollars would mediately be cut out of the federal budget which could seriously wound our economy this is what's referred to here in washington as the sequester today president obama went all harry truman on the house republicans telling them out irresponsible what is the law of the sequester kick in just to preserve tax breaks and loopholes for millionaires and billionaires. so that republicans in congress face a simple choice are they willing to compromise to protect vital investments in education and health care and national security and all the jobs that depend on them or would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a fuel special interest tax loopholes that benefit only the wealthiest americans and biggest corporations are you all the. teachers laid off or kids not have access to head start or deeper cuts in student loan programs. just because you want to protect the special tax interest little loophole that the vast majority americans don't benefit from that's the choice that's the question. for more on the president's sp
five billion dollars would mediately be cut out of the federal budget which could seriously wound our economy this is what's referred to here in washington as the sequester today president obama went all harry truman on the house republicans telling them out irresponsible what is the law of the sequester kick in just to preserve tax breaks and loopholes for millionaires and billionaires. so that republicans in congress face a simple choice are they willing to compromise to protect vital...